- Anthony@premier-pa.com
A Public Adjuster (PA) is a professional advocate for the policyholder in negotiating an insurance claim. Unlike adjusters for insurance companies, who work for and represent the insurance company itself, PAs work for the policyholder in order to recover the maximum settlement that the policyholder is entitled to under the terms of his insurance policy. They handle and manage all the claims for damage from such events as fires, storms, and other disasters, including everything: evaluation, negotiation, and settlement.
How does a PA differ from an insurance company adjuster? The Public Adjuster (PA) works for a claimant, representing the policyholder through insurance claim negotiations to maximize the settlement. On the other hand, an adjuster from the insurance company is tasked with representing the interests of the insurance company by ensuring minimal payout in efforts to settle claims. Policyholders employ PAs to represent them in negotiations with insurance companies. Policyholders pay the PA a percentage of the settlement value of the claim in exchange for providing a personalized and advocacy-driven approach to claim resolution.
Public Adjusters can be brought in a situation of serious property damage if the settlement process with the insurance company appears to be complicated or if one is not content with the sum being offered by the insurance company. They will guide you through your very large claim and negotiate with and represent your best interest to the insurance company so that you get a fair valuation.
Premier Property Adjusting offers an extensive range of claims handling in many areas, such as damage by storm, water, flood, mold, fire, hail, and tornado/windstorm, hurricanes. These services are designed to cater to both residential and commercial property owners in regard to natural disaster damages and other incidents complexities undergoing the claims process from start to finish.
A Public Adjuster can often come in and help after your insurance claim is closed. They will be able to go over the claim: if there was underpayment or some kind of damage left out of the claim, open it up back for a more appropriate settling. This involves new submission or evidence of information which was not previously mentioned at the time of original settlement
A Public Adjuster ensures a better settlement by bringing expertise on policy and damage evaluation, along with ensuring thorough documentation and getting the correct settlement. His experience and knowledge work in your favor; he negotiates with the insurance companies to make sure that an informative and clear agreement is reached. The professional advice helps one to sail through the huge complexities associated with insurance claims and this holds significance for the kind of common pitfalls that may be evident otherwise leading to lower compensation.
The duration of the claim process with a Public Adjuster can vary widely depending on the complexity of the claim, the extent of the damage, and the responsiveness of the insurance company. Generally, simpler claims might be resolved in a few months, while more complex cases could take a year or longer. A Public Adjuster can provide a more accurate timeline based on the specifics of your situation and work to expedite the process as much as possible.
Yes, Public Adjusters are licensed professionals. They are required to pass an examination and adhere to the regulations and ethical standards set by state insurance departments. This ensures they are qualified to represent policyholders in the insurance claims process.